Teradyne, Inc. (NASDAQ:TER) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 10.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,512 shares of the company's stock after selling 8,919 shares during the quarter. Victory Capital Management Inc.'s holdings in Teradyne were worth $10,138,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of TER. Apollon Wealth Management LLC grew its position in Teradyne by 7.2% in the third quarter. Apollon Wealth Management LLC now owns 2,362 shares of the company's stock worth $316,000 after acquiring an additional 159 shares during the period. Entropy Technologies LP purchased a new position in shares of Teradyne during the 3rd quarter worth $647,000. Huntington National Bank grew its holdings in shares of Teradyne by 103.1% during the 3rd quarter. Huntington National Bank now owns 581 shares of the company's stock worth $78,000 after purchasing an additional 295 shares during the period. Metis Global Partners LLC increased its position in shares of Teradyne by 5.7% during the 3rd quarter. Metis Global Partners LLC now owns 5,154 shares of the company's stock worth $690,000 after purchasing an additional 279 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. raised its holdings in Teradyne by 8.3% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,682 shares of the company's stock valued at $627,000 after buying an additional 359 shares during the period. Hedge funds and other institutional investors own 99.77% of the company's stock.

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Analyst Ratings Changes

A number of brokerages have weighed in on TER. Morgan Stanley dropped their price target on shares of Teradyne from $112.00 to $81.00 and set an "underweight" rating for the company in a research report on Friday. KeyCorp dropped their target price on shares of Teradyne from $150.00 to $140.00 and set an "overweight" rating for the company in a report on Wednesday, March 12th. JPMorgan Chase & Co. decreased their price target on Teradyne from $145.00 to $120.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 12th. Vertical Research began coverage on Teradyne in a research note on Friday, March 7th. They issued a "buy" rating and a $135.00 price objective for the company. Finally, Robert W. Baird cut their price objective on Teradyne from $140.00 to $110.00 and set an "outperform" rating on the stock in a report on Thursday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $121.44.

Teradyne Trading Up 4.0 %

NASDAQ:TER traded up $3.43 during mid-day trading on Monday, hitting $90.17. The stock had a trading volume of 3,562,767 shares, compared to its average volume of 2,270,783. Teradyne, Inc. has a twelve month low of $82.98 and a twelve month high of $163.21. The stock has a 50-day simple moving average of $117.60 and a two-hundred day simple moving average of $120.19. The company has a market capitalization of $14.58 billion, a PE ratio of 27.08, a PEG ratio of 2.83 and a beta of 1.46.

Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. Sell-side analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 14th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date was Friday, February 14th. Teradyne's dividend payout ratio (DPR) is 14.41%.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the firm's stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the transaction, the chief executive officer now owns 74,660 shares of the company's stock, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Ryan Driscoll sold 437 shares of Teradyne stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $102.00, for a total value of $44,574.00. Following the sale, the vice president now owns 4,312 shares in the company, valued at $439,824. This trade represents a 9.20 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,479 shares of company stock valued at $1,013,134. 0.36% of the stock is currently owned by corporate insiders.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.